out-of-pocket expenses

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out-of-pocket expenses

n. moneys paid directly for necessary items by a contractor, trustee, executor, administrator or any person responsible to cover expenses not detailed by agreement. They may be recoverable from a defendant in a lawsuit for breach of contract, allowable for reimbursement by trustees, executors or administrators, or deductible by a landlord from a tenant's security deposit for damages beyond normal wear and tear.

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They are prepared to pay for out-of-pocket expenses not covered by major medical/health insurance related to an unexpected serious illness or accident (73 percent vs.
Women have seen a 20% decrease in their out-of-pocket expenses for oral contraceptives and intrauterine devices since the implementation of the Affordable Care Act's mandate to cover contraceptives without consumer cost sharing, according to a new analysis published in Health Affairs.
Customers will also get back lost interest and bank bosses have committed to addressing out-of-pocket expenses on a "case-to-case basis".
Such freedom comes with a price and the risk of significant out-of-pocket expense, of course, but that risk is one that a majority of insured citizens are apparently willing to accept.
Under another option, employees willing to pay higher monthly premiums could have a deductible of $300 and a maximum out-of-pocket expense of $1,200.
For many corporations, implementing a GMRP could solve many of the out-of-pocket expense concerns of a great number of their employees.
They are not supposed to attract the middle-aged who expect greater out-of-pocket expenses.
(The out-of-pocket expense varies from $100 to $250).
An HDHP is a health plan that satisfies certain minimum annual deductibles and maximum annual out-of-pocket expense requirements under Sec.
The $4,524 difference in the savings actually exceeds the maximum out-of-pocket expense the family would face if they reached the maximum deductible per family.
The company expects to receive net proceeds, before its out-of-pocket expense, of $138 million as a result of the offering.
You'll rent, either at significant out-of-pocket expense or in really lousy apartments, or live in those nice 40-year-old on-post apartments the Army doesn't have the money to fix.